Oversea-Chinese Banking Corporation (OCBC Bank)

LTA to pilot blockchain-based conditional payments solution with OCBC - THE EDGE SINGAPORE

Singapore Fintech Festival 2024

LTA to pilot blockchain-based conditional payments solution with OCBC

The move aims to digitally transform LTA’s disbursement of mobilisation advance payments to contractors.
OCBC group COO Lim Khiang Tong retires - THE EDGE SINGAPORE

Corporate moves

OCBC group COO Lim Khiang Tong retires

Lim assumed the role on June 21, 2021.
OCBC collaborates with UnionPay QR to expand cross-border payment options - THE EDGE SINGAPORE

Banking & finance

OCBC collaborates with UnionPay QR to expand cross-border payment options

OCBC customers will be able to pay UnionPay QR-enabled merchants in 47 markets by using the OCBC Digital app.

Artificial Intelligence

MAS-led consortium releases version 2.0 of open-source framework on responsible use of AI in finance

The consortium is made up of 32 industry players and is meant to provide guidance to firms on how to use AI responsibly.
New training programme launched to help tech workers land a job in banks - THE EDGE SINGAPORE

Digital Economy

New training programme launched to help tech workers land a job in banks

Up to 100 tech workers are expected to complete this programme, with the opportunity to be hired by OCBC Bank.
Singapore faces uneven recovery in 2023 with impact of China’s reopening still uncertain *updated* - THE EDGE SINGAPORE

Singapore economy

Singapore faces uneven recovery in 2023 with impact of China’s reopening still uncertain

Singapore saw significant sectoral variation in its 4Q2022 GDP performance, and further divergence could lie ahead.
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